India

India – Israel Industrial R&D Cooperation

Bilateral frameworks providing financial support for collaborative industrial R&D ventures between Israeli and Indian companies

The Israel Innovation Authority collaborates with Indian counterparts at the federal and state level, as well as with stakeholders in the private sector, to facilitate and implement access to funding schemes dedicated to the development of R&D-driven partnerships between Israeli and Indian companies. These frameworks provide access to the Israel Innovation Authority funding schemes in Israel and to similar, parallel funds in India, as well as provide companies with assistance in identifying potential R&D partners.

Through these frameworks, funding support is provided to joint industrial R&D projects in all technology fields, aimed at the development of products or processes leading to commercialization in the global market.

The Karnataka-Israel Industrial R&DProgramprovides partner matching assistance and access to funding for Israeli companies and Indian companies based in the state of Karnataka. This pioneering program – the first on the state-level in India – is based on a Memorandum of Understanding signed in March 2013 between MATIMOP, currently the Israel Innovation Authority; and the Karnataka Science and Technology Promotion Society (KSTePS) and the Karnataka State Council for Science and Technology (KSCST), autonomous organizations under the Department of Science and Technology, Government of Karnataka, in India. This bilateral framework is jointly implemented and promoted by KSTePS & KSCST, in India; and the Israel Innovation Authority in Israel.